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Barchart

Larry Ramer

A $4 Billion Reason to Buy Western Digital Stock Now

Western Digital WDC

After Western Digital (WDC) announced a hefty $4 billion share buyback program and delivered remarkable fiscal second-quarter results, WDX stock is worth buying for growth investors, given the tech firm's rapid expansion, strong leverage to the AI Revolution, and relatively low valuation. Also importantly, its share buybacks can thwart short sellers, potentially igniting a short-covering rally in the name over the medium-to-long term.

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